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What is business finance? - Business Studies

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Question

What is business finance?

Short Note

Solution

Business finance refers to the funds required to carry out the establishment and running operations of a business. These operations include the purchase of premises and payment of wages and salaries. The funds required to finance the expansion of a business are also considered a part of business finance.

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Meaning and Nature of Business Finance
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Chapter 8: Sources of Business Finance - Short Answers [Page 204]

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NCERT Business Studies [English] Class 11
Chapter 8 Sources of Business Finance
Short Answers | Q 1.1 | Page 204
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